Relationship between International Reserves and FX Rate Movements
نویسندگان
چکیده
منابع مشابه
Running Head: EXCHANGE RATE REGIMES AND INTERANTIONAL RESERVES Exchange Rate Regimes and International Reserves
In this paper we use a new classification of exchange rate arrangements developed by Reinhart and Rogoff (2002) to test whether reserve holdings decrease with increasing exchange-rate flexibility. Using pooled data for 137 countries over the period 1980-2000, we find several new results. First, the degree of exchange rate flexibility has an inverted-U relationship with the country’s reserve hol...
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ژورنال
عنوان ژورنال: Sustainability
سال: 2020
ISSN: 2071-1050
DOI: 10.3390/su12176961